Amid SCS tension, Vietnam choose the way not to depend much on China.

[BoQ77]

Several forum members realized that Vietnam still depend much on China raw materials.
As the tension goes up, many Vietnam companies are finding stable strategy to source the materials from domestic or ATIG ( Asean Trade In Goods ).

The loss would be to China companies too. Many of their Vietnamese buyers would never meet them again.
The consequences, Vietnam raw materials would be sold to domestic material processing industry or to ASEAN partners, not to China merchandisers.

The upcoming TPP ( Trans Pacific Partnership ) also regulates the rule that for getting the preference of TPP tariff ( Zero percent ) materials of TPP regional products must be made in TPP joiner countries too.
So lucky that China doesnt belong TPP region.

 

[xunzi]

Several forum members realized that Vietnam still depend much on China raw materials.
As the tension goes up, many Vietnam companies are finding stable strategy to source the materials from domestic or ATIG ( Asean Trade In Goods ).

The loss would be to China companies too. Many of their Vietnamese buyers would never meet them again.
The consequences, Vietnam raw materials would be sold to domestic material processing industry or to ASEAN partners, not to China merchandisers.

The upcoming TPP ( Trans Pacific Partnership ) also regulates the rule that for getting the preference of TPP tariff ( Zero percent ) materials of TPP regional products must be made in TPP joiner countries too.
So lucky that China doesnt belong TPP region.

You do understand that we are heading toward domestic consumption-led economic model in the 21st century right? This means we will rely less on the world for our export. Meanwhile the world will depend on our HUGE market. If we are to be serious about this, we cut you off from our market and you flop like a fish. LOL @ViXuyen needs to cock your head for making this thread. LOL

 

[BoQ77]

This is for non China.